Renewable Energy - The Effect of Wind Energy on Property Values
Property Values: will wind energy projects affect my property value?
Another common concern about wind energy projects is their effect on property values.
Studies from the Royal Institution of Chartered Surveyors in the United Kingdom and the Renewable Energy Policy Project in the USA have found that there is no statistical evidence that property values within sight of wind projects are lower compared to those in a comparable region.
As a matter of fact, the studies found that values went up in some of the regions studied.
Proximity to a wind energy project would be just one of many factors that would affect property values.
Wind developers are required as part of municipal and provincial government regulations to minimize the negative impacts of their projects.
Smart project design can lead to successful integration with the landscape and the community - and may result in people wanted to relocate closer to a cleaner, green source of energy.